User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


68° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Afternoon Business Brief

October 1, 2012, 2:03 PM

Monday Afternoon Business Brief
  • The stock market has rallying today, helped by a report showing the manufacturing sector doing better. The Dow has been up as many as 150 points.
  • Speaking in Indianapolis, Federal Reserve Chairman Ben Bernanke said while the economy isn't growing quickly enough to drive down unemployment, he doesn't think it is in recession.  He also said actions recently announced by the central bank should drive interest rates down even further.
  • A report today from purchasing managers indicates that manufacturing expanded in September for the first time in four months. The group's index was paced by rising new orders and additional hiring.
  • Under pressure from federal regulators, American Express will pay more than $112 million in refunds and fines in response to accusations it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. As part of the settlement, Amex will refund $85 million to about 250,000 customers.
  • Just a few months on the job, Yahoo CEO Marissa Mayer has given birth to a baby boy. Yahoo's decision to hire a soon-to-be mom as its CEO was hailed as a breakthrough.

Read more business stories on the Back To Business page

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
Sioux Falls Indoor Racing & Rec Business Closes

7/7/2015 11:02 AM

Sioux Falls first indoor go-kart racing and recreation business has closed its doors.  

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story


Events